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Taxes

FinMin announces pilot launch of new e-receipt system

The system will contribute to boosting investments and bring more informal businesses into the formal economy, which will complement the government’s efforts towards reducing tax evasion

Egypt to launch new unified e-tax collection platform in September | FinMin

The new unified electronic tax platform is set to launch in 10 areas within Cairo, enabling taxpayers to use e-tax services using a unified tax registration number

Egypt’s public investments up 50.5% YoY, treasury-financed investments up 28% YoY:FinMin

The latest allocated state budget is 6x higher than previously set aside in FY 2013/2014

Egypt joins historical agreement for global tax rate to combat tax evasion: FinMin

According to Minister of Finance Mohamed Maait, Egypt agreed on a global minimum tax to keep multinational firms from dodging taxes by shifting their profits to countries with low rates

CBE extends pandemic measures including ATM and bank transfer fees

It has also extended the suspension of activation fees on electronic collection operations for e-commerce activity, including monthly fees and fees for obtaining additional services